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Read the ikationshis 1. (Cisk the icun to biliw the trantnctions) Read the geopirements e icon to view the transactions.) firements. 1. Record Kramer's transactions, including the cost of goods sold en d $11,000 of merchandise to Watford Company on account. Do not re. Now record the cost of goods sold for the sale of merchandise on March 3. \begin{tabular}{lll} \multicolumn{1}{c}{ Sournal Latry } \\ Accounts & Celit & Gedit \\ \hline \end{tabular} How recoed the cott of goods sald loe the sale ul marchandos on Maich 4 : March 5. Wattord Company returned 5800 of the merchandise trom March 3. Do nst record the inventory entry yet. Wo win do that in the next step Now record the inwentoey entry for the resurn of merchandso on March 5 . Maech 7: Sold 3900 of merchondise so Macoy, inc; on account Do not record che cost of goods sold entry yat Wie wil do that in the next sisp \begin{tabular}{llll} \hline \multicolumn{1}{l}{ Joumal Entry } & Debit \\ \hline Dato & Accounte & & \\ \hline Mar? & & \end{tabular} Now record the cost 2 poode sold for the sale of reschandhe an Manch 7 Now seceed the cost of goods sold lor the sale of merchandite en March? Match 15. Watced Company pald the balance of what \& owed for the prechas Masch 19. Sola 521.006 of merchandise to zang Co on acront. Do cat iecar RNw recad the coel of goeds bolt for the ode of marchardise an March 19 New record the coet ef goses sold fot the sele of merctandise en March 19. Now record the cost of goods seld tor teie sele el merchandoe on March 23